Open AccessWorld politics, globalization and the crisis
Author(s) -
Predrag Simić
Publication year - 2013
Publication title -
međunarodni problemi
Language(s) - English
Resource type - Journals
eISSN - 2406-0690
pISSN - 0025-8555
DOI - 10.2298/medjp1301024s
Subject(s) - globalization , politics , global politics , global governance , international relations , political science , order (exchange) , capital (architecture) , balance (ability) , corporate governance , economic globalization , economic system , political economy , international trade , economics , geography , law , medicine , archaeology , finance , physical medicine and rehabilitation
In the early 21st century, globalization and the world economic crisis changed the balance of powers between the old (declining) and new (emerging) industrial states replacing the unilateral with a multilateral system of international relations and changing the way in which world politics was functioning. Globalization has increased the number of transnational problems (protection of human environment, international traffic and communications, flows of capital, energy, migrations, etc.) that require global governance. However, these trends also indicate that in the 21st century, international relations and world politics will function in a significantly different manner than they did within the bipolar and unipolar order, which characterized the second half of the 20th century